US Crypto Projects Unlikely To See Zero Capital Gains Tax Benefit: Experts

Quick Summary:

The move comes amid Donald Trump’s decision to make crypto a national priority regarding crypto policy and regulations, starting with signing an executive order to develop the national digital asset stockpile.

The crypto community is amazed by the reports of zero capital gains tax on U.S.-based crypto projects.

Dennis Porter believes the crypto industry can take meaningful steps forward to reduce tax obligations.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News Donald Trump Regulation News Crypto Taxation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-26 @ 09:07:35 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25444231

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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